Not sure it works like that. Any takeover will include the whole company. I wonder whether directors will look to spin the uranium play into a separate ASX listed company with the continued high grade hits constantly expanding the size of the project. That would make some sense and allow for any future takeover offers to be simplified. It will also see greater shareholder wealth I suspect. Id like to see the uranium play go back to its original ASX title "Uranium Equities" too.
Ann: U40 System Grows with High-Grade Uranium Hits, page-29
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